CLIPPER LOGISTICS PLC (CLG.L) Stock Technical Analysis
LON:CLG - London Exchange - GB00BMMV6B79 - Common Stock
Overall CLG gets a technical rating of 3 out of 10. In the last year, CLG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month CLG has a been trading in the 824.00 - 880.00 range, which is quite wide. It is currently trading near the lows of this range.
CLG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CLG is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, CLG turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
CLG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
660.21
911.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 833.99 to 833.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @688.42 from a trend line in the weekly time frame.
- Support @666.88 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 856.30 to 867.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 890.50 to 902.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CLG.L is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLG.L is down. |
| ChartMill Relative Strength | 60.92 | NEUTRAL | CLG.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLG.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLG.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CLG.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.06 | NEUTRAL | The RSI value for CLG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.64 | NEGATIVE | The MACD value suggests CLG.L has a negative trend. |
| Stochastics (14,3) | 24.42 | NEUTRAL | The Stochastics value for CLG.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for CLG.L suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LON:CLG (5/23/2022, 5:23:25 PM)
834
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-3.02%
2 Weeks-3.92%
1 Month-2.91%
3 Month-5.44%
6 Month31.86%
12 Month8.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)16.39
ATR(20)%1.98%
ATR Inc61.15%
Range Today23
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.92
Mansfield1.77
10 Day High873
10 Day Low824
20 Day High880
20 Day Low824
52 Week High903
52 Week Low605
CS1 End833.99
CR1 Start856.3
Volume & EV
DER(3)7.32%
DER(5)7.55%
Volume42.39K
Volume Incr-2.9%
Vol(5)96.97K
Vol(50)102.13K